Corporations (Aboriginal and Torres Strait Islander) Act 2006

CHAPTER 6 - OFFICERS  

PART 6-7A - DIRECTOR IDENTIFICATION NUMBERS  

SECTION 308-25   REQUIREMENT TO APPLY FOR A DIRECTOR IDENTIFICATION NUMBER  

308-25(1)    
An eligible officer commits an offence if:

(a)    the Commonwealth Registrar, under subsection 308-10(2) , directs the officer to apply for a director identification number; and

(b)    the officer does not apply to the Commonwealth Registrar under section 308-10 for a director identification number:


(i) within the application period under subsection (2) of this section; or

(ii) within such longer period as the Commonwealth Registrar allows under section 308-30 .

Penalty:25 penalty units.


308-25(2)    
The application period is the period of:

(a)    the number of days specified in the direction; or

(b)    if the number of days is not specified in the direction - 28 days;

after the day the Commonwealth Registrar gives the direction.


308-25(3)    
An offence against subsection (1) is an offence of strict liability.

Note:

For strict liability , see section 6.1 of the Criminal Code .


308-25(4)    
A person who contravenes, or is involved in a contravention of, subsection (1) contravenes this subsection.

Note 1:

This subsection is a civil penalty provision (see section 386-1 ).

Note 2:

Section 694-55 defines involved in .





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